Bitcoin: What’s in a Name?

What’s in a name? That which we call a roseBy any other word would smell as sweet.-Romeo and Juliet, Shakespeare Bitcoin is suffering from an identity crisis. There are three different coins that claim they are real Bitcoin: Bitcoin Core (BTC), Bitcoin Cash (BCH) and Bitcoin Satoshi’s Vision (BSV). Will the real Bitcoin please stand up? Contention over the name …

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The Power of Money Button

If money is power then control of money is absolute power. Give me control of a nation’s money supply, and I care not who makes its laws.Nathan Rothschild The power of the control of money allows major payment processors (and by extension governments that regulate processors) to curb free speech as evidenced by bans of Wikileaks, Gab and the deplatforming of …

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Crypto Must Die

There are over 2,100 coins listed on CoinMarketCap.com. This is the result of the greatest hype and speculation cycle in modern times. I have been pondering how this clusterf*ck resolves itself. Coins, unlike companies, don’t go bankrupt. As long as a group of nerds is mining a coin in their basement that coin can survive. This means that hundreds of …

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2019 Predictions

Before we go into predictions for 2019 here is a recap of predictions I’ve made in the past: Trump will win the Presidential Election SP will crash before Jan 1 2019 from September 2018 update from July prediction here Buy Bitcion when it was under $1,000 Bitcoin to Supermoon (at price $750) Calling out the WSJ for being a signal of a top …

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Bitcoin: The Endgame

Crypto is going through a typical bubble cycle. After euphoria we have capitulation, despair and then a resumption of trend at a more sane pace. Looking back at history we can see this bubble cycle play out again and again. As the legendary investor Jesse Livermore said: “There is nothing new in Wall Street. There can’t be because speculation is …

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Metanet Is The Future

Buckle up. This post will take you down a deep rabbit hole. “Bitcoin is an economic system”. Today I discovered a whole new meaning to this frequently used statement and I’ll share it below. First, watch the clip of this video from 2014: At 2:20 mark of this interview from 2014 it sounds like CSW is talking about Metanet. 🤯https://t.co/T59WWB7ErO …

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Winner by TKO: Bitcoin SV

Yesterday Coingeek posted Original Bitcoin is Reborn with Bitcoin SV (BSV); BCH Hash War Ends. From the article: CoinGeek Mining is pleased to announce the original Bitcoin is back with Bitcoin SV (ticker: BSV). CoinGeek will support a permanent chain split from Bitcoin Cash (BCH), continue mining the BSV chain, and will work with others globally to establish a vibrant ecosystem …

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Bitcoin In One Lesson

The intention of this post is to share very simply why Bitcoin works so well and why it will be the only cryptocurrency left standing by next year. To start, here’s a screenshot from the first page of the Bitcoin Whitepaper. Note I have highlighted the word System. This word is often overlooked when talking about Bitcoin. Drilling down on …

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A Bitcoin Call to Arms

On November 15 Bitcoin Cash hard forked when two developer groups disagreed on the future of Bitcoin Cash. I covered the background in this post. Read that for a primer on how we got here. When there are multiple groups competing to be the default ruleset and client used to run the Bitcoin Cash network the issue is resolved using Nakamoto Consensus. …

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HASH WAR!

Bitcoin Cash is headed to war. Actual Bitcoin Cash holder staring down the war machines. Who is at war? Bitcoin ABC, the Bitcoin client led by developer Amaury Sechet and supported by mining giant Bitmain is proposing changes to BCH. Amaury took the initiative to split away from BTC before Segwit was introduced, thus preserving Bitcoin as BCH. nChain, led …

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